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Eur/usd sits near multi-week top, above 1.0600 mark as traders look to us cpi report

The AUD/USD is catching gentle bids at the top of the Thursday trading session after getting knocked back in Wednesday trading. The Aussie fell lower ...

October 12, 2023, 1:29 am

Pimco says bullish longer term bonds (12 month horizon), cites peaking inflation

PIMCO said it was bullish on the performance of long-term bonds:continue to favour long-term bonds over the next year, as they provide high yields not...

October 11, 2023, 10:04 pm

What's behind the dollar's rise this year and what will happen next

I haven't seen a better summary in six bullet points of what's happened in the market this year than Deutsche Bank today. They highlight what has kept...

October 11, 2023, 2:33 pm

Us mba mortgage applications w.e. 6 october +0.6% vs -6.0% prior

Prior -6.0%Market index 179.3 vs 178.2 priorPurchase index 137.5 vs 136.6 priorRefinance index 385.8 vs 384.6 prior30-year mortgage rate 7.67% vs 7.53...

October 11, 2023, 11:00 am

Eur/usd: euro’s mild rise remains in play

The single European currency continues the upward momentum and tries to secure levels above 1,06 having moved away from the last lows of 1,0450 noted ...

October 11, 2023, 8:44 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9566; (P) 0.9590; (R1) 0.9620; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. Another fall is...

October 11, 2023, 5:37 am

Aud/usd outlook: recovery is facing headwinds and risk of stall

AUDUSD edges lower in early European trading on Tuesday, following a mild rise in Asia, driven by overa...

October 10, 2023, 8:29 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3623; (P) 1.3684; (R1) 1.3725; More…. Intraday bias in USD/CAD is mildly on the ...

October 10, 2023, 5:17 am

Goldman sachs sees marginal impact from israel gas production disruption for now

The firm notes that "we see tis potential tightening of global LNG balances as marginal for now", adding that ...

October 10, 2023, 4:42 am

Eur/usd trades with a mild positive bias on subdued usd demand, remains below 1.0600 mark

EUR/USD attracts some buyers on Tuesday and draws support from a modest USD downtick. Retreating US bond yields and a positive risk tone seem to under...

October 10, 2023, 1:14 am

Usd/chf daily outlook

Daily Pivots: (S1) 0.9056; (P) 0.9116; (R1) 0.9159; More…. Intraday bias in USD/CHF remains mildly on...

October 9, 2023, 5:22 am

Eur/usd daily outlook

Daily Pivots: (S1) 1.0513; (P) 1.0556; (R1) 1.0630; More… EUR/USD dips mildly today but stays well in...

October 9, 2023, 5:20 am

Gbp/usd daily outlook

Daily Pivots: (S1) 1.2143; (P) 1.2202; (R1) 1.2298; More GBP/USD dips mildly today but stays well insid...

October 9, 2023, 4:54 am

Gbp/usd weekly forecast: strong us jobs weighing on sterling

The dollar was generally weaker as investors awaited the US nonfarm payrolls report. An increase in nonfarm payrolls pointed to a still robust labor m...

October 8, 2023, 9:14 am

Usd/chf weekly outlook

USD/CHF edged higher to 0.9243 last week, but subsequent pull back and breach of 0.9089 support indicates short term topping. Initial bias is...

October 7, 2023, 11:46 am

Eur/chf weekly outlook

EUR/CHF extended the consolidation from 0.9691 last week and outlook is basically unchanged. Initial bias remains neutral this week first, and further...

October 7, 2023, 10:45 am

Sunset market commentary

Markets: Today’s US payrolls had to decide whether markets recently discounted enough tightening. Markets took a ‘mild’, indecisive bias going i...

October 6, 2023, 2:22 pm

Greenback’s resurgence: stellar job growth propels usd towards weekly dominance

Dollar is showing impressive strength in the early US session, boosted by job growth figures that nearly doubled market predictions. While wage growth...

October 6, 2023, 1:07 pm

Eur/chf daily outlook

Daily Pivots: (S1) 0.9610; (P) 0.9629; (R1) 0.9645; More… Intraday bias in EUR/CHF stays neutral and outlook is unchanged. Another rally is still...

October 6, 2023, 5:53 am

Usd/jpy daily outlook

Daily Pivots: (S1) 148.14; (P) 148.63; (R1) 149.01; More… USD/JPY is extending the consolidation from 150.15 and intraday bias remains neutral. On t...

October 6, 2023, 5:44 am


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